Fanuj Mining Company

Company Description

The Fanuj Mining Group has 30 titanium mines which are capable to supply more than 1,000,000,000 tons of Ilmenite ore with average grade 5.5%. 
Fanuj Mining Company have Iron ore and copper mines too. We need an investor or a loan to start producing Ore, concentrate or ingot. There are 3 packages for investors if the forms of investment or loan. I send it to you. 
Please tell me if they interest you.
An abstract of the performed operations on our mines:
Based on the available documents of the geology observations from 1966 to 1978 by the consortiumof 2 British and Australian companies from Nik Shahr (Fanooj district) and also studies of 2 Canadian and Russian companies of the same area and the mentioned revision of the studies by 2 mineral consultant engineering companies from 2002 to 2009 and based on available geology maps, some valuable and rare metals have been discovered in this area that are highly under attention from the economic the point of view and huge usage in different industry sections in the most of advanced countries for F.S investment such as : Titanium, Zirconium, Vanadium, Strontium and etc.
In the past 3 years our team continuously has fully revised the previous researches by sending researching groups of mineral scientists to the area and has proceeded to survey and verify the finished observations with the natural area condition, and has proved massive resources of Titanium by multiple sampling and studying the analysis results. The different stages of  the material analysis procedure has been done inside the country while using the most advanced bought metal ingredient test machines (XFR) in the mine location. It has cost 3,500,000$ to accomplish these researches. ten million tons of ilmenite in Placer and several hundred million tons of ore deposits made the group start mining operations, processing and export in a maximum of 24 months followingwiththe whole financial, technical, technological power. The Iron Magnetite
The Fanuj Mining Group has 3 Iron ore Magnetite 64% and is can produce 180,000 ton in the first year and for the next year it can be doubled. Iron ore Magnetite 64% in the beginning and this is practical now. If you are interested in investing in our mines, we can start our cooperation by investing in Iron ore Magnetite. The reason is the small quantity of the investment in this field and reaching to the production, Conveying the production is so cheap because of the short distance between the mines and Chabahar port (just 200 kilo meter), exporting and selling the product to the Target markets such as India, China, Hong Kong or any other markets which the Fanuj Mining Group knows or has it, fast and the acceptable payback from 3 to 4 months.
  the first phase of extracting, crashing and producing Iron Magnetite 64%  concentrate by investing less than 3000,000 $ and after that in the second phase, producing Cast iron by an investment about 4,000,000$.
In this package you can have a better evaluation from Fanooj Mining Groups capabilities, its resources and the location. And after that we can expand our cooperation in the other fields such as copper and Titanium. 
 
Copper mines
The width of the copper mines gets to 170* 50 Km, and more than 95% of the areas located in the center of the zone of Makran. There are 15 mines which belong to the Fanooj Mining Group. By having a wellequipped laboratory, professional engineers, mining equipment and machines, XRF machines and the exclusive software which was provided for these mines, Fanooj Mining Group is the mining group which was chosen as the best in Iran last year.
Copper project:
There are 15 copper mines with high quality and large deposit. The study operation on some them was finished and, the results of studies have been sent to the related offices for giving certifications. The certifications of extraction, exploitation and refinery of two kinds of Oxide copper minerals (malachite and azurite) and Copper Sulfur are going to be issued less than 2 months. Copper sulfur exists in the depth of 16 meters from the surface of the mine.  From  the surface of the mine (00 vertical point) to the depth of 16 meters Oxide copper minerals exists with average grade 4% (malachite and azurite)so we start with setting up a  hip leach plant or Tank leach and performing EW  to produce CU with the purity of  99.98%.  In phase0, it is possible to produce at least 1000 ton Copper Cathode per year.
Depend on the kind of the used technology the project needs 10 20 million USD which 2 million of it will be spent to buy the equipment, machines and Laboratory instruments; 1 million USD for studies and designing the hip leach pools and the rest will be spent for making copper leaching refinery plants.
The Fanooj Group has 30 titanium mines which are capable to supply more than 1,000,000,000 tons of Ilmenite ore with average grade 5.5%.
The first phase of the Titanium Project:
Making pre refinery and ilmenite and magnetite concentrate
We decide to make a factory to produce titanium concentrate as the main production (ilmenite Tio2 46%) and Titano magnetite (Tio2 23%) and magnetite 64% as the Byproducts. It will be located in free trade zone In Chabahar Port(near Oman Sea) and under international trade terms. It is considerable that the cost of ilmenite is about 280$ per ton and we will be able to produce at least 30,000 Ton ilmenite (Tio2 46%) per year + 36,000 ton magnetite 64% and 20,000 Ton Titano magnetite (Tio2 23%).For changing ilmenite into titanium dioxide and cementite, the final product of Chabahar Factory will be sent to a European and 2 Asian countries that have cooperation agreements with our Company and the final product will be obtained. In other words, in Iran just crushing and separating and high grading operations will be done, and the final product will be produced by Asian and European companies.
Funding is to be controlled by Investor and the investor will have the shares of the mine and plant which will be built in Chabahar Port Free trade zone and mines are about 200 kilometer far from the port (near Oman Sea). According to the documents the mine has deposit for more than 25 years. The payback will be less than 42 months and it is guaranteed that the product will be bought in factory based on the international price. The product is just for export because there is no usage for that in Iran. Pre refinery will be set up in the mine and ilmenite and magnetite concentrate will be set up in Chabahar Port Free trade zone.
The necessary fund in the first phase is 25 million USD.
The second phase:
By negotiations which were done, this group is able to produce 12000 tons pigment per year in China without any investment for buying machines or any equipment. Each ton of pigment values about 5800 to 6300 USD per ton.

Company Information

  • Telephone:
  • Business Type:Manufacturing
  • Year Established:2011
  • Number Of Employees:100+
  • Trade Capacity:Export Percentage:90 %
  • Production Capacity:3
  • R&D Capacity:21 - 30 people
  • No. of QC Staff:11 - 20 people
  • Contract Manufacturing:OEM Service Offered ,Design Service Offered,Buyer
  • Registered Capital:More than 100 Million USD
  • Legal Representative / CEO:Mr. Tehrani
  • Total Annual Sales Volume:10 - 25 Million USD
  • Main Products:Iron Ore,Ilmenite Tio2, Titanium,Copper Concentrate,Russian And Iranian Crude Oil, Mazut,D2, Aluminium Slag ( Dross), Ilmenite Tio2 46%, Oil Products,Portland Cement,Iron Ore
  • Address:Other, Iran
  • Main Markets:Asia,America,Europe,Middle East,Worldwide,Iran
  • Location:Chabahar Free Trade Zone

Product

  • Portland Cement
  • LPG, crude oil, Sludge/Slob Oil, mazut, bitumen and D2
  • Tio2
  • Iron ore magnetite
  • Aluminum slag, aluminum dross
  • Ilmenite Tio2 41%
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